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Wartime Is No Time To Sell Toys


In Business This Week

WARTIME IS NO TIME TO SELL TOYS

Even when you're the industry's top dog, the toy business is not always fun. Powerhouse toy retailer Toys `R' Us reported disappointing earnings for the quarter ending May 4. Net income fell 32%, to $22.3 million, and while overall sales rose 9%, to $1.03 billion, sales at stores open a year or more in the U. S. were down 4.7%. The quarter right after the Christmas season is never a strong one in the toy business, but this year's was rougher than most, primarily because of the gulf war.EDITED BY HARRIS COLLINGWOOD


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